Iraq - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Iraq - Spherical Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights

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Spherical Roller Bearing Price in Iraq - 2022

Contents:

  1. Spherical Roller Bearing Price in Iraq (CIF) - 2022
  2. Spherical Roller Bearing Price in Iraq (FOB) - 2022
  3. Spherical Roller Bearing Imports in Iraq
  4. Spherical Roller Bearing Exports in Iraq

Spherical Roller Bearing Price in Iraq (CIF) - 2022

The import price in Iraq stood at $6,632 per ton in 2022, surging by 2.4% against the previous year. In general, the import price, however, faced a deep slump. The most prominent rate of growth was recorded in 2020 an increase of 36% against the previous year. Over the period under review, import prices attained the maximum at $19,072 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($19,597 per ton), while Thailand ($6,369 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.7%), while the other leaders experienced a decline in the import price figures.

Spherical Roller Bearing Price in Iraq (FOB) - 2022

In 2021, the export price in Iraq amounted to $34,956 per ton, approximately reflecting the previous year. Over the period under review, the export price posted a buoyant expansion. The pace of growth was the most pronounced in 2020 when the export price decreased by 99.9% against the previous year. Over the period under review, the export prices attained the maximum in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the United States ($51,753 per ton), while Belarus ($6,795 per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+31.7%), while the other leaders experienced more modest paces of growth.

Spherical Roller Bearing Imports in Iraq

In 2022, approx. 152 tons of spherical roller bearings were imported into Iraq; which is down by -9.1% on the previous year's figure. Overall, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 50% against the previous year.

In value terms, spherical roller bearing imports declined to $1M in 2022. Over the period under review, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 16%.

Import of Spherical Roller Bearing in Iraq (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2443323122470.4%
United States2241701822311.0%
Belgium96.817518420829.0%
India12085.11411558.9%
Germany1231121341445.4%
France90.678.593.91034.4%
Brazil48.544.072.481.618.9%
Italy74.354.672.475.60.6%
South Korea75.668.775.469.8-2.6%
Russia64.458.172.669.72.7%
Turkey35.441.650.668.624.7%
Denmark72.264.281.251.6-10.6%
Thailand33.531.430.833.4-0.1%
Others-1,300.5-1,314.3-1,501.8-1,537.45.7%
Total1.80.91.11.0-17.8%

Top Suppliers of Spherical Roller Bearing to Iraq in 2022:

  1. Belgium (17.4K tons)
  2. China (17.0K tons)
  3. United States (11.8K tons)
  4. Germany (10.4K tons)
  5. India (9.3K tons)
  6. Russia (7.9K tons)
  7. France (6.8K tons)
  8. Brazil (6.6K tons)
  9. Denmark (6.2K tons)
  10. South Korea (5.7K tons)
  11. Thailand (5.2K tons)
  12. Turkey (5.0K tons)
  13. Italy (4.5K tons)

Spherical Roller Bearing Exports in Iraq

In 2021, the amount of spherical roller bearings exported from Iraq was estimated at 228 kg, remaining relatively unchanged against 2020. Overall, exports recorded a significant expansion. The smallest decline of 99.9% was in 2020. The Iraq exports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, spherical roller bearing exports totaled $8K in 2021. Over the period under review, exports recorded a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in years to come.

Export of Spherical Roller Bearing in Iraq (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Germany31837941814.7%
Sweden3163283779.2%
China2101772478.5%
Japan244215219-5.3%
Belgium11.5139150261.2%
Singapore149128118-11.0%
United States141117103-14.5%
France81.475.492.16.4%
Malaysia55.654.587.525.4%
Romania10956.854.9-29.0%
United Kingdom12884.838.5-45.2%
Czech Republic24.428.930.812.4%
Belarus16.414.615.4-3.1%
Others-1,803.8-1,797.2-1,951.14.0%
TotalN/AN/AN/A0%

Top Export Markets for Spherical Roller Bearing from Iraq in 2022:

  1. China (34.4K tons)
  2. Germany (27.4K tons)
  3. Sweden (20.5K tons)
  4. Japan (17.3K tons)
  5. Belgium (7.9K tons)
  6. Singapore (6.8K tons)
  7. Romania (6.2K tons)
  8. Malaysia (4.7K tons)
  9. France (4.5K tons)
  10. Czech Republic (2.9K tons)
  11. Belarus (2.3K tons)
  12. United States (2.0K tons)
  13. United Kingdom (1.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the spherical roller bearing market in Iraq. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28151055 - Spherical roller bearings

Country coverage:

  • Iraq

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Iraq
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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